Report on the Analysis of SussexBudgetProductions Movie Production

The purpose of analysis is to be able to identify the key variables that cause low return recorded in the production of comedy-action-thriller. This will help us to identify the key variables responsible for high and low return on investment from movie production. and finally help make inform descision in genre movie selection.

The report is generated after analysing the IMDB dataset. This datasets contains importants variables of past movies produced by SussexBudgetProductions.We will conduct an Exploratory Data Analysis on the dataset to gain some insight from the dataset and also propose an (hypothesis) explanation for observation recorded from our anlysis.

Exploratory data analysis

Our IMDB datasets contain 5045 rows and 28 columns

Our datasets have 16 numeric variables and 12 categorical variables

The boxplot above shows that while there are higher number of critic for reviews for the colour, the median values for both color and black and while looks almost the same.

From our dataset we discoverd 5043 total entries or data point recorded with a total 28 variables of which 16 variables is numeric while 12 variables is categorical.

We will creating a sample by filtering our dataset based on some desirable selection criteria. We are more intrested on movie with high rating. i.e rating that is 8 that is within our production budgetn

The Documentary|Family genre appers to have a good rating within a budget of 500000 while Documentary|Drama|Sport appears to be well rated wihin a budget of 1.5 million . Taking a look at the details more closely we can see that there is actually only one film that meets the criteria of budget and imdb rating:

Hypothesis formulating and Testing

Variable Description and Dictionary

IMDB SCORE

According to IMDb, the IMDb score is gotten from registered users that cast a vote (from 1 to 10) on every released title in the database. Individual votes are therefore aggregated and summarized as a single IMDb rating, visible on the title's main page.

MOVIE GENRES

style and category of movies

Content rating

Content rating based on Audience viewership

Gross

Sales made from films

Independent variables: IMDB score, Movie genre, Content rating

Dependent Variable: 'gross' or return on investment

Hypothesis

IMDb score and Movie genres affects return on investment.

Hypthesis testing

High IMDb score causes high return on investment and coversly low IMDb score causes low return on investment

Movie genres such with 'documentary' generally have high IMDB score for example Documentary|Family, Documentary|Drama|Sport were rated high in IMDB score

Independent variables: IMDB score, Movie genre, Content rating

Dependent Variable: 'gross' or return on investment

Feature Engineeering

We created in a new feature from existing variable

The new variable we created is 'return_on_invest'. The reason is to get the return on investment. We compute this new variable by dividing the 'gross' by 'budget'.

'gross' represent Investment Gain 'budget' represent Investment Base

ROI = Investment Gain / Investment Base

Go on here and do further exploratory analyses and some appropriate statistical analyses on appropriate hypotheses...

Conclusion

I analysed the imdb data file to get insight on the best movie to recommend for good return on investment for the next SussexBudgetProductions Movie Production within our proposed budget.

I discovered that the films of the genre 'Documentary|Drama|Sport' met the criteria of budget 1.5million while the film with genre "Documentary and Family" met the criteria of budget 500000. although, both only have a single example of this type of movie which makes it weak to generalised from these inferences.

However, we observed that films that gives the highest return are those IMDB rating greater than or equal to (6) which have content rating of R or unrated.

Based on the Analatysis carried out. I have come up with some recommendation that SussexBudgetProductions can focus on horror movie made from USA released to youth & Adult demography because this will bring the highest return

Secondly, SussexBudgetProductions should also focus on family friendly documentary with sport and drama. Although, our record here is based on single film which is not sufficient for generalisation.